Test-Taking Questions 1Z0-1059-26 Pre-assessment Test

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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Weight	Objectives
Revenue Recognition and Accounting Rules	26%	- Configure accounting configurations, journal entries, and accounting methods - Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules
Revenue Reporting and Analytics	22%	- Monitor and reconcile revenue balances and accounting data - Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Generate standard and custom revenue reports - Build analyses, dashboards, and infolets for revenue data
Revenue Contracts and Performance Obligations	24%	- Handle contract assets, liabilities, and billing events - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications - Allocate transaction price to performance obligations
Revenue Management Implementation and Setup	28%	- Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure integration with Oracle Financials Cloud and other modules - Configure Revenue Management application components

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q70-Q75):

NEW QUESTION # 70
What is a contract modification?

A. an increase or decrease in expected collectability
B. a revision or correction to the estimate of variable consideration made at inception
C. a change to the contract caused by negotiation with the customer
D. a change (modification) to the contract data

Answer: C

NEW QUESTION # 71
Revenue Management integrates with the Subledger Accounting application. Which three services does Subledger Accounting provide to Revenue Management?

A. stand-alone selling price derivation
B. multiple accounting representations
C. General Ledger account derivation based on predefined events
D. revaluation of assets and liabilities
E. General Ledger journal creation
F. centralized accounting solution

Answer: B,D,E

NEW QUESTION # 72
What should E-Business Suite General Ledger and Oracle Cloud General Ledger do as part of the transition to the new standard strategy under ASC 606 and IFRS 15?

A. Create a secondary ledger.
B. Create a reporting ledger.
C. Using their existing primary ledger.
D. Create a new primary ledger.

Answer: C

NEW QUESTION # 73
What is a Standalone Selling Price (SSP)?

A. the average of your bundled price
B. the price you would use if you sold to a customer separately
C. the list price
D. the sum of the SSPs of the components

Answer: B

NEW QUESTION # 74
When is it required to populate a value for Performance Satisfaction Plan In a Source Document Type?

A. when the Satisfaction Measurement Model is set to Period
B. when the Satisfaction Measurement Model is set to Amount
C. when the Satisfaction Measurement Model is set to Quantity
D. when the Satisfaction Measurement Model Is set to Percentage

Answer: A

NEW QUESTION # 75
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